Showing 1 - 10 of 2,815
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10010374120
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011401020
This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input-output framework that decomposes the reallocation of the total output across sectors into two components: the Engel effect (demand side) and the Baumol effect (supply side). To perform this...
Persistent link: https://www.econbiz.de/10012130126
follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the …
Persistent link: https://www.econbiz.de/10003830196
things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage …
Persistent link: https://www.econbiz.de/10003291728
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
This empirical study examines changes in industrial productivity in Korea between 1980 and 2009, focusing on how … investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor … productivity growth in 30 industrial sectors. Describing industry-specific productivity levels is important for policymakers when …
Persistent link: https://www.econbiz.de/10010339597
We take a fresh look at firms' innovation-productivity linkages, using novel data capturing new aspects of innovative … IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with … higher SME productivity, especially in the service sector. High-quality launches and medium-size firms help drive this result. …
Persistent link: https://www.econbiz.de/10011992882
increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on …
Persistent link: https://www.econbiz.de/10010529431
productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …
Persistent link: https://www.econbiz.de/10003959174